IBBL launches 5 new products
Business Desk :Islami Bank Bangladesh Limited (IBBL) has launched three deposit products named Mudaraba Education Savings Scheme, Mudaraba Expatriate Housing Deposit Scheme and Mudaraba Senior...
Business & Economy
Industrial loans rose 22pc in FY22
Business Desk :Credit flow to the industrial sector witnessed a 22% jump year-on-year in FY22, thanks to high import costs and rising dollar prices. In...
Bourses edge up after two-day slump
Business Desk :Stocks finished marginally higher on Tuesday, after a two-day correction, as bargain hunters showed their buying interest on sector specific issues.DSEX, the key...
NBL to issue $100m foreign bond
Business Desk :National Bank Ltd (NBL) will issue foreign currency-dominated subordinated bond worth USD 100 million to strengthen its capital base under Basel-III guidelines.The company’s...
Walton expands its export to Georgia
Business Desk :Bangladesh’s electronics company Walton expanded its brand business in the market of Eastern European country ‘Georgia’ through exporting Smart TV under its own...
NRB Bank gets new EC Chairman
Business Desk :Md. Motior Rahman has been re-elected as Chairman of Audit Committee of the Board of NRB Bank Limited at a meeting of the...
India’s retail inflation rises to 7 pc in August after falling for 3 month
Reuters :India’s retail inflation snapped a three-month downward trend in August by rising marginally to 7% as food prices surged, showed government data on Monday.Despite...
BGMEA, OCAIB sign deal for chain management training
Business Desk :The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and the Overseas Chinese Association in Bangladesh (OCAIB) are willing to collaborate in providing training...
Industrialist Nasir Uddin Biswas no more
Business Desk :Eminent industrialist Nasir Uddin Biswas, founder of glass and melamine manufacturer Nasir Group of Industries, is no more.He breathed his last on Monday...
IMF eyes expanded access to emergency aid for food shocks
Reuters :The International Monetary Fund is looking for ways to provide emergency funding to countries facing war-induced food price shocks and will discuss measures at...
Navana Pharma launches IPO today
Business Desk :The initial public offering (IPO) of Navana Pharmaceuticals will open for subscription today (Tuesday), aiming to raise Tk 750 million under the book-building...